What are the steps to obtain the CITE?

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The procedures for claiming the Energy Transition Tax Credit implemented to improve the environmental quality of certain dwellings present no particular difficulty. Nothing in this ISCED is likely to discourage individuals from undertaking renovation work in order to make the habitat more comfortable and less energy-consuming while benefiting from public aid.

The different steps to take

To claim the CITE, it is essential to ensure that the eligible works are in perfect agreement with the 2016 finance bill which fixes the end of completion of the works and their regulation on December 31, 2016. It is necessary to keep at the disposal of the tax administration all the evidence likely to be required such as invoices for the purchase of equipment and those relating to installation, established by a RGE company which provides labor and supplies. Finally, the date of income declaration must be respected because the amounts committed must be mentioned there.

When to declare?

As soon as the facts generating the CITE are gathered, the amount of the expenses incurred must be reported on income statement. A line is reserved for this purpose. For the time being, this tax credit is extended until 12/31/2016. Expenses incurred in 2015 are to be reported on the 2016 income statement sheet for 2015. In order not to make any mistakes when reporting, it may be useful to refer to the income tax guide.

What are the eligibility conditions?

The main conditions of eligibility for the CITE concern the age of construction, the quality of the company, the period of work and the person concerned. Thus, the CITE can be obtained if the following conditions are met. The house is exclusively a main residence and dates back more than two years; the company responsible for energy work meets precise qualification criteria and must supply the materials used: the work must have been carried out and paid for before December 31, 2016. If the work is the subject of a credit, it must be fully reimbursed before this deadline; the person concerned must be domiciled in France for tax purposes and be the occupying owner of the accommodation concerned - apartment or individual house -, tenant or occupant free of charge. The eligibility rules for the CITE are detailed in article 200 quater of the General Tax Code. Subject to means test, a taxpayer can claim the CITE even if he has also benefited from the zero-rate eco-loan.

What about the expenses incurred in 2014?

Taxpayers who commissioned work packages between January 1 and August 31, 2014 - that is, before the reform of the finance law - can benefit from a transitional measure. Technical home improvement work carried out during this period may be eligible for the CITE, provided that they meet the conditions required by this regulation.

What is the method of calculating the base?

The cost base to which CITE relates can be summarized: at the price of materials and that of equipment except for labor. However, the labor required to install a heat exchanger for geothermal pumps is taken into account when it is underground, as well as the cost of installing insulating materials for opaque walls. If the person concerned has received other public aid such as the ANAH or aid from the regional council, for example to buy different eligible equipment, the total amount of this additional aid will be automatically deducted from the expenses incurred to calculate the ISCED.

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